Trump’s Economic Approval Plummets to 29% Amid Rising Inflation and Market Concerns, Reuters/Ipsos Poll Shows

President Donald Trump faces a significant decline in public confidence over his handling of the U.S. economy, according to the latest Reuters/Ipsos poll, which shows his approval rating has fallen to 29%—its lowest point in months.

The survey, conducted nationwide among likely voters, highlights growing economic anxiety amid fluctuating inflation rates, rising consumer prices, and concerns about job security. Analysts suggest that this slump in approval reflects skepticism over the administration’s ability to stabilize markets and protect household incomes.

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Economists note that while the stock market has experienced intermittent gains, the average American feels the pinch in everyday expenses, including groceries, gas, and housing. "There’s a widening gap between economic indicators and public perception," said Dr. Laura Chen, senior economist at Brookfield Economic Institute. "Even if some macro numbers look strong, voters are judging based on personal financial impact."

The poll also indicates that a growing number of voters, particularly those under 45, express dissatisfaction with fiscal policies and are questioning the long-term trajectory of the economy under Trump’s leadership. This trend may influence upcoming elections and policy debates in Congress, especially on issues like taxation and trade.

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Political strategists suggest that the president’s team may respond with renewed messaging on economic growth initiatives and job creation programs in an attempt to reverse the slide in approval. However, public sentiment, amplified by social media and news cycles, presents a formidable challenge.

Just In: Trump’s approval on handling the economy COLLAPSED to 29% - Reuters/Ipsos Poll. pic.twitter.com/dV0exaDGCK

— My1stAmerica (@My1stAmerica) March 25, 2026

With consumer confidence at a critical junction and inflationary pressures remaining, the Reuters/Ipsos poll underscores the urgency for Trump’s administration to address economic concerns or risk further erosion of support.